Patrick Pacious - Feb 22, 2023 Form 4 Insider Report for CHOICE HOTELS INTERNATIONAL INC /DE (CHH)

Role
President & CEO, Director
Signature
Emanuel Strauss, Attorney In Fact
Stock symbol
CHH
Transactions as of
Feb 22, 2023
Transactions value $
-$4,474,810
Form type
4
Date filed
2/23/2023, 09:45 AM
Previous filing
Mar 4, 2022
Next filing
Mar 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CHH Common Stock Options Exercise $765K +14.9K +4.07% $51.49 380K Feb 22, 2023 Direct F1
transaction CHH Common Stock Options Exercise $2.6M +50.4K +13.28% $51.49 430K Feb 22, 2023 Direct F1
transaction CHH Common Stock Sale -$6.78M -56.5K -13.14% $119.95 374K Feb 22, 2023 Direct F1, F2
transaction CHH Common Stock Sale -$1.06M -8.74K -2.34% $120.74 365K Feb 22, 2023 Direct F1, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CHH Employee Stock Option Options Exercise $0 -14.9K -100% $0.00* 0 Feb 22, 2023 Common Stock 14.9K $51.49 Direct F1, F4
transaction CHH Employee Stock Option Options Exercise $0 -50.4K -100% $0.00* 0 Feb 22, 2023 Common Stock 50.4K $51.49 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions are made pursuant to a 10b5-1 plan.
F2 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $119.55 to $120.54, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Weighted average price, as these shares were sold in multiple transactions at prices ranging from $120.55 to $121.07, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, additional information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Options vested in four equal annual installments beginning on the first anniversary of the February 26, 2016 grant date.